Opportunities like 29 Shannon Street are a once in a generation find, quite literally. Owned by the same family since 1967, this rare legal duplex on a 40 x 118 ft lot in the heart of Trinity Bellwoods is move-in ready as configured, fully livable, and could also be income generating. Purpose built for multigenerational living, the upper unit spans the second and third floors with six bedrooms, generous living space and kitchen, and the bathroom has a classic clawfoot tub and shower. The main floor operates as a fully self-contained suite with a full kitchen, pantry, large living and dining rooms, two bedrooms, and a beautifully renovated bathroom with walk-in shower. Both basements are large and offer significant square footage with value-add potential and private storage for each unit. Walk outside to a generous yard, patio, detached shed with garden suite potential, and private drive with parking for approximately seven vehicles. Five minutes to Trinity Bellwoods Park, steps to Ossington, Queen West, top-rated schools, and TTC.Committee of Adjustments approved plans are already in place and they are extraordinary. The third floor transforms into a private primary retreat with a full ensuite, dedicated living area, and a large balcony with 180 degree Toronto skyline views. The main floor opens dramatically with a 20 foot double vaulted living space, a French country inspired kitchen, a fireplace as the centrepiece, and rear sight lines that pull natural light deep into the home. The heritage facade stays. Everything behind it transforms. The approved lower level introduces a 9 foot walkout suite with direct backyard access, purpose built as an in-law suite or nanny quarters. No approvals to chase. No uncertainty. The vision is already permitted. All that remains is the build.
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
2 1/2 Storey
Total Approx Floor Area:
3500-5000
Lot Depth:
118'36 m
Lot Frontage:
40'12.2 m
Direction Faces:
South
Bedrooms:
5+2
Bathrooms:
2.0
Water supply:
Municipal
Kitchens:
2
Bedrooms Above Grade:
5
Bedrooms Below Grade:
2
Kitchens Above Grade:
2
Rooms Above Grade:
16
Rooms Below Grade:
2
Heating type:
Radiant
Heating Fuel:
Gas
Foundation:
Block, Concrete
Roof:
Asphalt Shingle, Slate
Basement:
Separate Entrance
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
7.0
Parking Features:
Private
Parking Spaces:
7
Total Parking Spaces:
7.0
Family Room:
No
Possession Details:
Flexible
Pool:
None
Link:
No
HST Applicable To Sale Price:
Included In
Assessment Year:
2025
Taxes:
$12,012.6 /
2025
Assessment:
$- /
2025
Toronto
Toronto C01
Trinity-Bellwoods
Guest Accommodations, In-Law Suite, In-Law Capability, On Demand Water Heater, Primary Bedroom - Main Floor, Separate Hydro Meter, Storage
All existing appliances including 2 fridges, 2 stoves, hood range, microwave hood range, 2 dishwashers, 2 clothes washers and 2 clothes dryers, all electric light fixtures, all window coverings.
Data was last updated May 30, 2026 at 10:15 PM (UTC)
Area Statistics
Listings on market:
14
Avg list price:
$2,644,500
Min list price:
$1,199,000
Max list price:
$3,895,000
Avg days on market:
23
Min days on market:
3
Max days on market:
68
These statistics are generated based on the current listing's property type
and located in
Trinity-Bellwoods. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.